Bora Chung - Sep 16, 2021 Form 4 Insider Report for Bill.com Holdings, Inc. (BILL)

Signature
/s/ Rajesh Aji, Attorney-in-Fact
Stock symbol
BILL
Transactions as of
Sep 16, 2021
Transactions value $
-$9,933,749
Form type
4
Date filed
9/20/2021, 06:04 PM
Previous filing
Aug 31, 2021
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BILL Common Stock Options Exercise $68.4K +7.81K +29.41% $8.76* 34.4K Sep 16, 2021 Direct F1
transaction BILL Common Stock Options Exercise $11.7K +1.04K +3.03% $11.20* 35.4K Sep 16, 2021 Direct
transaction BILL Common Stock Options Exercise $65K +937 +2.65% $69.37 36.4K Sep 16, 2021 Direct
transaction BILL Common Stock Sale -$290K -1.01K -2.77% $287.81 35.3K Sep 16, 2021 Direct F2, F3
transaction BILL Common Stock Sale -$200K -692 -1.96% $288.43 34.7K Sep 16, 2021 Direct F2, F4
transaction BILL Common Stock Sale -$145K -500 -1.44% $290.21 34.2K Sep 16, 2021 Direct F2, F5
transaction BILL Common Stock Sale -$462K -1.58K -4.64% $291.82 32.6K Sep 16, 2021 Direct F2, F6
transaction BILL Common Stock Sale -$1.47M -5.01K -15.4% $292.84 27.6K Sep 16, 2021 Direct F2, F7
transaction BILL Common Stock Sale -$2.58M -8.79K -31.9% $293.85 18.8K Sep 16, 2021 Direct F2, F8
transaction BILL Common Stock Sale -$698K -2.37K -12.62% $294.66 16.4K Sep 16, 2021 Direct F2, F9
transaction BILL Common Stock Sale -$3.05M -10.3K -62.73% $296.05 6.11K Sep 16, 2021 Direct F2, F10
transaction BILL Common Stock Sale -$1.19M -4.01K -65.55% $296.53 2.11K Sep 16, 2021 Direct F2, F11

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -7.81K -6.25% $0.00 117K Sep 16, 2021 Common Stock 7.81K $8.76 Direct F12
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -1.04K -4.76% $0.00 20.8K Sep 16, 2021 Common Stock 1.04K $11.20 Direct F13
transaction BILL Employee Stock Option (Right to Buy) Options Exercise $0 -937 -8.33% $0.00 10.3K Sep 16, 2021 Common Stock 937 $69.37 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 106 shares of Common Stock acquired under the issuer's employee stock purchase plan on September 3, 2021.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.34 to $288.31 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.38 to $288.45 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.83 to $290.77 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.165 to $292.16 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.26 to $293.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.27 to $294.26 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.28 to $295.27 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.33 to $296.32 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.33 to $297.29 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 The option vested 25% of the total shares on December 10, 2019 and thereafter 1/48th of the total shares vest monthly until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F13 The option vested 1/48th of the total shares monthly beginning June 15, 2019 until such time as the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date.
F14 The option vests in 16 equal quarterly installments over four years, beginning August 28, 2020, subject to the continuing service of the Reporting Person on each vesting date.